Trump to Speak at Bitcoin Conference: A Surprise for the Market?

Despite a failed July 14 assassination attempt, Donald Trump plans to speak at the Bitcoin 2024 conference in Nashville on July 27. In this speech, Trump is expected to announce plans to make Bitcoin an important part of the US economy.

Markus Thielen, founder of 10x Research, said that Trump could declare Bitcoin as a strategic reserve asset, which could lead to a huge surge in the Bitcoin price. However, some analysts think that there may be a “sell the news” situation after Trump's statements.